SHE:300306 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	-	228.69	374.24	343.02	350.34
Trading Asset Securities	-	708.42	588.72	503.15	492.21
Cash & Short-Term Investments	860.55	937.11	962.97	846.17	842.56
Cash Growth	-8.17%	-2.69%	13.80%	0.43%	4.97%
Accounts Receivable	-	23.43	29.6	31.75	34.77
Other Receivables	-	0.78	1.36	1.41	6.03
Receivables	-	24.22	30.95	33.16	40.8
Inventory	-	143.92	167.34	215.03	189.25
Other Current Assets	-	24.49	24.26	27.49	34.73
Total Current Assets	-	1,130	1,186	1,122	1,107
Property, Plant & Equipment	-	199.05	192.72	210.69	219.02
Long-Term Investments	-	47.38	49.87	80.06	79.6
Other Intangible Assets	-	37.99	41.34	44.56	47.81
Long-Term Deferred Tax Assets	-	8.39	8.54	8.78	13.98
Long-Term Deferred Charges	-	23.03	25.97	19.87	15.87
Other Long-Term Assets	-	249.46	203.61	208.8	215.56
Total Assets	-	1,695	1,708	1,695	1,699
Accounts Payable	-	12.39	10.46	10.35	20.09
Accrued Expenses	-	24.23	25.23	30.62	29.9
Current Portion of Leases	-	0.29	0.44	0.43	0.35
Current Income Taxes Payable	-	1.16	0.45	15.78	12.57
Current Unearned Revenue	-	77.26	102.87	90.41	95.56
Other Current Liabilities	-	23.07	28.6	26.29	29.83
Total Current Liabilities	-	138.41	168.05	173.88	188.3
Long-Term Leases	-	-	0.34	0.78	1.16
Long-Term Unearned Revenue	-	2.18	2.83	5.27	3.2
Long-Term Deferred Tax Liabilities	-	0.04	0.04	1.13	3
Total Liabilities	-	140.62	171.25	181.06	195.65
Common Stock	-	268.96	268.96	268.96	268.96
Additional Paid-In Capital	-	968.65	968.37	969.21	963.21
Retained Earnings	-	304.79	293.12	271.84	272.28
Comprehensive Income & Other	-	-7.62	-8.61	-5.76	-7.32
Total Common Equity	1,467	1,535	1,522	1,504	1,497
Minority Interest	-	19.65	14.48	9.29	6.4
Shareholders' Equity	1,490	1,554	1,536	1,514	1,504
Total Liabilities & Equity	-	1,695	1,708	1,695	1,699
Total Debt	-	0.29	0.77	1.22	1.5
Net Cash (Debt)	860.55	936.82	962.19	844.95	841.05
Net Cash Growth	-8.14%	-2.64%	13.88%	0.46%	4.78%
Net Cash Per Share	3.22	3.45	3.61	3.17	3.11
Filing Date Shares Outstanding	248.68	268.96	268.96	268.96	268.96
Total Common Shares Outstanding	268.96	268.96	268.96	268.96	268.96
Working Capital	-	991.34	1,017	947.97	919.04
Book Value Per Share	5.45	5.71	5.66	5.59	5.57
Tangible Book Value	1,432	1,497	1,481	1,460	1,449
Tangible Book Value Per Share	5.32	5.57	5.50	5.43	5.39
Buildings	-	198.4	177.8	177.56	176.91
Machinery	-	144.43	140.62	134.26	134.29
Construction In Progress	-	0.67	1.46	10.7	6.05

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.